Elevation Burger and Hot Dog on the Stick will go to different owners in cash transactions, while Twin Peaks and the remaining Fat restaurant concepts will be sold in debt sales to two entities.
A bankruptcy court approved the sale of the company — which owns Twin Peaks, Johnny Rockets, and Fazoli's — in four separate deals.
The Justice Department is dropping its case against Fat Brands and Andy Wiederhorn, the restaurant operator's chair. More than a year ago, the company and Wiederhorn were indicted for an alleged "sham ...
The bankrupt owner of Twin Peaks, Round Table Pizza and many other chains will establish a liquidation trust that could ...
Franchisees of several of the restaurant chain operator's brands are claiming tens of millions in damages over everything from misused ad ...
Shortly after an ad hoc group of FAT Brands investors filed a lawsuit demanding the immediate suspension of Andy Wiederhorn as CEO alleging bankruptcy rules violations, FAT Brands submitted an ...
FAT Brands is trying to renegotiate with lenders to resolve its debt, which the company announced was “due immediately” in November. Months later, it received a delisting notice from Nasdaq because ...
In August 2020, FAT Brands — then known as the parent company of Fatburger, Hurricane Grill & Wings, and Ponderosa and Bonanza Steakhouses — kicked off its acquisition spree with the purchase of ...
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